XML 23 R5.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
INTEREST INCOME      
Interest and fees on loans $ 1,036,491 $ 1,062,771 $ 984,397
Interest on loans held for sale 131 165 583
Interest on investment securities 310,181 271,774 278,755
Interest on federal funds sold 31 49 659
Interest on securities purchased under agreements to resell 33,090 13,358 13,649
Interest on deposits with banks 103,799 121,440 103,248
Total interest income 1,483,723 1,469,557 1,381,291
INTEREST EXPENSE      
Savings, interest checking and money market 210,308 226,876 146,392
Certificates of deposit of less than $100,000 34,032 42,226 38,690
Certificates of deposit of $100,000 and over 52,086 67,060 61,057
Interest on federal funds purchased 5,518 12,221 25,265
Interest on securities sold under agreements to repurchase 69,884 80,908 73,164
Interest on other borrowings 37 20 38,594
Total interest expense 371,865 429,311 383,162
Net interest income 1,111,858 1,040,246 998,129
Provision for loan losses 56,138 32,903 35,451
Net interest income after provision for loan losses 1,055,720 1,007,343 962,678
NON-INTEREST INCOME      
Trust fees 232,700 214,430 190,954
Bank card transaction fees 184,267 189,784 191,156
Deposit account charges and other fees 108,246 100,336 90,992
Consumer brokerage services 22,051 18,141 17,223
Capital market fees 20,655 19,776 14,100
Loan fees and sales 13,882 12,890 11,165
Other 70,480 60,196 57,455
Total non-interest income 652,281 615,553 573,045
INVESTMENT SECURITIES GAINS (LOSSES), NET      
Investment securities gains (losses), net [1] 3,660 7,823 14,985
NON-INTEREST EXPENSE      
Salaries and employee benefits 628,453 607,862 584,063
Data processing and software 133,970 127,390 118,758
Net occupancy 54,320 53,223 53,629
Professional and other services 48,856 35,077 36,198
Marketing 24,688 22,353 24,511
Equipment 21,508 20,619 19,548
Supplies and communication 19,686 19,291 19,420
Deposit insurance 10,049 16,482 33,163
Other 38,296 48,932 41,692
Total non-interest expense 979,826 951,229 930,982
Income before income taxes 731,835 679,490 619,726
Less income taxes 161,136 145,089 134,549
Net income 570,699 534,401 485,177
Less non-controlling interest expense (income) 4,448 8,070 8,117
NET INCOME ATTRIBUTABLE TO COMMERCE BANCSHARES, INC. $ 566,251 $ 526,331 $ 477,060
Net income per common share - basic (in dollars per share) $ 4.04 $ 3.69 $ 3.30
Net income per common share - diluted (in dollars per share) $ 4.04 $ 3.69 $ 3.30
[1] Available for sale debt securities, equity securities, and other securities.